How much of a price reduction to expect for certified used Lexus at dealer?

Asked by George Nov 27, 2015 at 03:00 PM about the 2014 Lexus CT Hybrid 200h FWD

Question type: Shopping & Pricing

Im looking at a "certified" used 2014 Lexus ct 200h with 25k miles, currently priced at $25,000.  I am wondering whats a fair amount that i should expect to be deducted from the $25,000 "retail price"  during negotiations. I will be paying $10k as down payment and would obviously like for the final price to be as far away from the 25k as possible.

thanks!

3 Answers

F_O_R answered 9 years ago

Certified cars cost significantly more than other cars as you a essentially buying a warranty. The price you pay will have to be negotiated with the dealer directly.

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Bob answered 9 years ago

Offer them $22,500 if you really want the car. It never hurts to make an offer.

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jamnblues answered 9 years ago

It's a Lexus dealer? They don't want to drop a penny- they consider their cars gold- whether they are or not- you will be better off coming up with the cash and buying one from an individual- you could save $5-7 thousand- and know who was driving that car before you- don't have the cash? Could I interest you in a new Kia Optima?

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